02.09.2014 - Yahoo's stock price continues to rise
The price of Yahoo after leaving the triangle and fixing above local maximum levels continued to rise and reached the next resistance level around 38.70. To continue the upward movement the price needs to overcome this level. We expect further growth to the level of 41.60, after which we can see the price correction. Stop should be set below 36.80. The medium-term outlook remains positive.